Feb 20 • 03:20 UTC 🇦🇷 Argentina La Nacion (ES)

How much does a luxury apartment cost in Caballito today

Caballito, a traditional and densely populated neighborhood in Buenos Aires, has become one of the city's most sought-after locations due to its iconic establishments and strategic location.

Caballito is one of Buenos Aires' oldest neighborhoods, situated in Comuna 6 and characterized by its high population density, with approximately 25,000 inhabitants per square kilometer. This area is not only rich in history but also home to notable establishments like the Mercado del Progreso, founded in 1889, and operates a historic tram service that resumed after being discontinued in 1963. These elements contribute to its charm and ongoing popularity among residents and potential buyers alike.

The neighborhood's appeal is further amplified by its strategic location within the city, providing easy access to various transportation options and major thoroughfares. Additionally, residents benefit from ample green spaces such as Parque Rivadavia and Parque Centenario, which offer recreational opportunities and enhance the neighborhood's livability. Furthermore, Caballito boasts a vibrant cultural scene, featuring a variety of restaurants and cafes that cater to diverse tastes, making it an attractive choice for both families and young professionals.

In recent years, the demand for luxury apartments in Caballito has increased significantly, reflecting the broader real estate trends in Buenos Aires. Factors such as the area's rich history, convenient services, and appealing lifestyle amenities make Caballito a prime location for real estate investment, driving up property values and altering the market dynamics as more individuals seek residency in this desirable neighborhood.

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